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Bombardier to start making Egypt monorail cars this month
Canada’s Bombardier is planning to begin this month manufacturing rolling stock for the two planned monorails linking Sixth of October…
Egyptian Steel, Edita, Beltone now listed on rebalanced EGX30
The EGX30 swapped five companies in its regular rebalancing last week. The full rundown of the rebalancing is here (pdf).…
Property value will likely hold ground as the economy slows -Samih Sawiris
Samih Sawiris sees property values holding their ground despite covid-19 market slowdown: Orascom Development Holding Chairman Samih Sawiris expects real…
Orascom and Bombardier break ground on USD 4.5 bn new capital-Nasr City monorail
Orascom, Bombardier, Arab Contractors begin construction of new capital-Nasr City monorail: Orascom Construction, Canada’s Bombardier Transportation, and Arab Contractors have…
Ora Developers signs EGP 1 bn loan with Banque Misr to build ZED Sheikh Zayed with Orascom Construction
Orascom Construction has signed an agreement to build the first phase of ZED Sheikh Zayed with Ora Developers, who secured…
Samih Sawiris brings his stake in Germany’s FTI Group to 51%
M&A WATCH- Samih Sawiris ups his stake in Germany’s FTI to become majority shareholder: Orascom Development Holding Chairman Samih Sawiris…
Earnings watch: Orascom Construction profits dip 16.2% y-o-y
EARNINGS WATCH- Orascom Construction profits dipped 16.2% y-o-y in 2019 to USD 121.3 mn, compared to USD 144.7 mn the…
How the Egyptian construction sector is responding to the covid-19 crisis: Osama Bishai, CEO of Orascom Construction
How the Egyptian construction sector is responding to the covid-19 crisis: Osama Bishai, CEO of Orascom Construction (PART 1 in…
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